v3.26.1
Acquisitions (Tables)
 12 Months Ended
Sep. 30, 2025
Business Combination, Asset Acquisition, Transaction between Entities under Common Control, and Joint Venture Formation [Abstract]  
Schedule of Purchase Consideration and Allocation

The Company acquired EMI Solutions, Inc. (“EMI Solutions”) in December 2023 and RaGE Systems, Inc. (“RaGE Systems”) in May 2024. The Company accounted for each of the acquisitions as a business combination. The following table summarizes the amount of the aggregate purchase consideration and the allocation to the tangible and identifiable intangible assets acquired and liabilities assumed based on their estimated fair values.

  

   EMI Solutions   RaGE Systems 
         
Purchase consideration:          
Contingently redeemable common stock  $8,856   $— 
Class A Common Stock   —    7,682 
Cash consideration (at present value)   2,041    1,836 
Total Purchase Consideration  $10,897   $9,518 
Allocation:          
Cash  $45   $420 
Accounts receivable   387    558 
Inventory   155    1,146 
Other current assets   7    5 
Property and equipment   107    275 
Intangible asset—customer relationships   4,500    7,400 
Intangible asset—developed technology   —    300 
Intangible asset—backlog   300    — 
Intangible asset—trade name   100    200 
Goodwill   6,841    4,008 
Operating lease right-of-use asset   —    192 
Other assets   30    57 
Accounts payable   (228)   (1,647)
Accrued expenses   (263)   (1,622)
Operating lease liability   —    (192)
Deferred tax liability   (1,084)   (1,582)
   $10,897   $9,518 
Schedule of Unaudited ProForma Net Revenues and Net income (Loss)

The following table shows unaudited pro forma net revenue and net loss of the Company, as if the acquisitions of EMI Solutions and RaGE Systems had each been completed as of October 1, 2022. The unaudited pro forma information is presented for informational purposes only and is not necessarily indicative of future operations or results had the acquisitions occurred on October 1, 2022.

  

   Year ended
September 30,
2024		 
     
Net revenue  $10,268 
Net loss   (21,436)